tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Service Stream Limited Achieves Record Growth and Secures Major Defence Contract in FY25

Story Highlights
  • Service Stream Limited achieved record financial performance and secured a $1.6 billion Defence contract.
  • The company improved safety outcomes and completed over 55 million service visits nationwide.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Service Stream Limited Achieves Record Growth and Secures Major Defence Contract in FY25

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Service Stream Limited ( (AU:SSM) ) just unveiled an update.

Service Stream Limited has reported a successful financial year in 2025, achieving record work-in-hand value and exceeding financial performance targets, resulting in strong shareholder returns. The company secured a transformative $1.6 billion contract with the Department of Defence, enhancing its market position and opening new growth opportunities. Additionally, Service Stream has implemented the Human Organisational Performance framework to improve safety outcomes, achieving a 42% reduction in high potential incidents. The company completed over 55 million service visits nationwide, reflecting its operational strength and commitment to quality service delivery. With a contracted pipeline of $9.2 billion, Service Stream is well-positioned for future growth and revenue diversification.

The most recent analyst rating on (AU:SSM) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on Service Stream Limited stock, see the AU:SSM Stock Forecast page.

More about Service Stream Limited

Service Stream Limited operates in the service industry, providing infrastructure services across various sectors. The company focuses on delivering quality services, optimizing operations, and pursuing growth opportunities, with a strong emphasis on safety and customer satisfaction.

Average Trading Volume: 1,792,166

Technical Sentiment Signal: Buy

Current Market Cap: A$1.39B

For a thorough assessment of SSM stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1